BlackBerry’s John Chen says deals with Chinese companies are not likely due to security issues

BlackBerry’s John Chen says deals with Chinese companies are not likely due to security issues
Over the past several months, there has been some speculation about BlackBerry and the possibility of being acquired, most recently by Lenovo.

Those rumors were washed away fairly quickly, but they did not die completely.  Deal or not, BlackBerry would be remiss for not at least exploring the idea of making inroads with the world’s largest wireless market. The impediment to such deals is actually BlackBerry’s strength, and that is security.

Despite BlackBerry’s turbulent past few years, its enterprise services and products are still very popular in western governments, the same governments that would have to give a regulatory green light to any possible deal involving the sale of BlackBerry, regardless of where the buyer is based.  Many of those government share a lot of intelligence data too, and the United States, along with a few allies have been more than vocal about the Chinese government's role in "private" companies and gathering information on the sly.

Regarding talk of a possible deal, “We probably are unable to do that…I think there will be a lot of regulatory issues and concerns,” according to BlackBerry CEO John Chen who happens to be a native of Hong Kong. However, he did meet with Lenovo and Xiaomi over the summer, which fed some of the rumors of a deal.

As it is at this point, BlackBerry is not entertaining any offers for acquisition. The company is doing a bit better than it was a year ago, and conceivably could command a price tag well north of its market capitalization of $5.6 billion.

source: Bloomberg

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13 Comments

1. SaintHelena

Posts: 397; Member since: Nov 05, 2014

Translation: Selling BB to China company is like selling NATO secret to China.

5. meanestgenius

Posts: 21995; Member since: May 28, 2014

If that's what you got out of this article, than you're more of an uninformed troll than I thought.

7. SaintHelena

Posts: 397; Member since: Nov 05, 2014

You were bias, just because you don't like me, you think bad of everything I said.

9. meanestgenius

Posts: 21995; Member since: May 28, 2014

As I recall, YOU were the one that attacked me on a Blackberry article with your very first post on PhoneArena. So you are correct: I DON'T LIKE YOU. But that's YOUR FAULT that I don't like you. You attacked me first, and have continued to do so. So I retaliate in kind. Don't like it? Then you shouldn't have started with me in the first place.

10. Mxyzptlk unregistered

I've actually seen you start with other commenters before so don't play the innocent game meanestgenius.

11. meanestgenius

Posts: 21995; Member since: May 28, 2014

And I've seen you do the same, Mxyzptlk. Don't throw stones from that glass house of yours. I'm talking about a SPECIFIC time. MYOFB.

12. Mxyzptlk unregistered

Unlike you I'm not playing the innocent card. The ones I start with are the ones I normally have arguments with. Checkmate

13. meanestgenius

Posts: 21995; Member since: May 28, 2014

I'm not playing innocent, I'm noting a FACT. Learn the difference. Funk Your Checkmate.

6. meanestgenius

Posts: 21995; Member since: May 28, 2014

This is old news. PA, you already made an article about this. Bernoulli is correct.

8. Settings

Posts: 2943; Member since: Jul 02, 2014

That Chen's face tho...

14. NightFelix

Posts: 60; Member since: Apr 29, 2013

Can this company just die?

15. Crispin_Gatieza

Posts: 3135; Member since: Jan 23, 2014

No, can you?

16. NightFelix

Posts: 60; Member since: Apr 29, 2013

you mad bro?

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